Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
I think will just have to adapt to the changes brought by the cryptocurrencies. I think the banks all over the world are rich enough to be able to handle innovation. In addition, the technology is evolving every year, so innovation and adaptation to the changes is bound to happen for establishments such as banks.